NEW YORK – Honda Motor Co. and General Motors Co. will jointly develop a fuel-cell vehicle under their envisioned tie-up on environmental technology, sources said Tuesday.
The companies were expected to unveil the plan on the development of the fuel-cell vehicle at a news conference in New York.
Honda Executive Vice President Tetsuo Iwamura and GM Vice Chairman Steven Girsky will hold the news conference Tuesday New York time, the automakers said without elaborating on details.
Honda and GM agreed on a mutual supply of engines in 1999. Honda provided GM with V-6 gasoline engines, while GM supplied diesel engines developed by Isuzu Motors Ltd., at the time an affiliate of the U.S. carmaker.
Major automakers around the world have been forming business alliances for the development of environmental technology, which requires massive investment.
This tie-up between Honda and GM comes as they also look to accelerate the development of new technologies while cutting costs.
Toyota Motor Corp. and BMW AG of Germany have agreed to jointly develop fuel-cell vehicles and hybrid cars.
Nissan Motor Co., Renault SA of France, Daimler AG of Germany and Ford Motor Co. of the United States will also jointly develop fuel cell vehicles.
First Datsun a hatchback
Nissan Motor Co. has revealed sketches of the first model to be released under its revived Datsun brand for emerging markets, with the car — a hatchback — scheduled for a world premier in India on July 15.
Cars under the brand are expected to be released first in India, Indonesia and Russia in 2014 and in South Africa later in the year, Nissan said Monday. In India, Nissan is planning to sell the car for 400,000 rupees ($6,720).
Datsun was used for Nissan’s exported models as early as in the 1930s. After revival, it will be Nissan’s third brand after the namesake Nissan for mainline models and the Infiniti for luxury vehicles.
Corolla output in Turkey
Toyota Motor Corp. has launched production of the new Corolla at its plant in Sakarya, Turkey.
The Corollas produced there will be exported to Europe, North Africa, the Middle East and Central Asia, Toyota said.
The Sakarya plant, which also manufactures the company’s Verso car, has an annual output capacity of 150,000 units.
Toyota poured around €150 million (¥19.5 billion) to launch the new Corolla, and hired some 900 temporary employees.